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Homebuyer Programs in Brookhaven, NY (2026)

Last updated April 1, 2026 | Population: 495,162 | Median home price: $700,000 | Est. closing costs: $14,000 - $21,000

Skyline of Brookhaven, NY

Brookhaven is the largest town in Suffolk County on Long Island, New York, with a population of nearly 500,000 and a median home price of approximately $700,000. The town offers its own HOME Down Payment Assistance Program providing up to $50,000 as a forgivable loan for first-time buyers, administered by the Long Island Housing Partnership (LIHP). Community Development Long Island (CDLI) offers low-interest loans of up to $75,000 for down payment and closing costs for purchases in Nassau or Suffolk County. At the state level, the SONYMA Down Payment Assistance Loan (DPAL) provides up to $15,000 and SONYMA DPAL PLUS offers up to $30,000 in zero-interest forgivable assistance, while the FHLBNY Homebuyer Dream Program provides grants of up to $30,000. By combining the town and state programs, qualified Brookhaven buyers could access over $80,000 in down payment and closing cost help.

Top Homebuyer Programs in Brookhaven

Town of Brookhaven HOME Down Payment Assistance Program
Type:
Forgivable Loan
Amount:
Up to $50,000
First-time only:
Yes
FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No
CDLI Down Payment and Closing Cost Assistance Loan
Type:
Repayable Loan
Amount:
Up to $75,000
First-time only:
Yes
Habitat for Humanity of Long Island Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home purchase with subsidized mortgage
First-time only:
Yes
FHLBNY Homebuyer Dream Program
Type:
Grant
Amount:
Up to $30,000
First-time only:
Yes
SONYMA Down Payment Assistance Loan (DPAL)
Type:
Forgivable Loan
Amount:
Up to $15,000 or 3% of purchase price, whichever is greater (minimum $1,000)
First-time only:
Yes
SONYMA DPAL PLUS
Type:
Forgivable Loan
Amount:
Up to $30,000
First-time only:
Yes

How to Apply

  1. Step 1:

    Check your eligibility. Review income limits for the programs you are interested in. The Town of Brookhaven HOME program requires income eligibility based on HUD HOME limits for Suffolk County. The CDLI loan serves buyers earning up to 120% AMI. SONYMA programs have county-specific income limits.

  2. Step 2:

    Complete homebuyer education. The Long Island Housing Partnership (LIHP) provides free pre-purchase mortgage counseling required for the Brookhaven HOME program. Contact LIHP at 631-435-4710 or email brookhaven@lihp.org. For the CDLI loan, complete CDLI's NeighborWorks Home Buyer Education Program by contacting them at (631) 471-1215.

  3. Step 3:

    Contact a housing counselor. Work with LIHP to begin your Town of Brookhaven HOME down payment assistance application. Applications are accepted on a first-come, first-served basis until funding is exhausted.

  4. Step 4:

    Get pre-approved for a mortgage. If using SONYMA programs (DPAL or DPAL PLUS), connect with a SONYMA-approved participating lender. For the FHLBNY Homebuyer Dream Program, apply through a participating FHLBNY member bank or credit union such as Suffolk Credit Union. For the CDLI loan, obtain a commitment for a fixed-rate first mortgage through a NYS-approved lender.

  5. Step 5:

    Find a home within the Town of Brookhaven. Your purchase must be an eligible single-family home within town boundaries. The CDLI loan requires a purchase price under $500,000. Satisfy your mortgage lender's minimum down payment requirements.

  6. Step 6:

    Submit your applications and close. The Town of Brookhaven HOME loan requires you to reside in the home as your principal residence for a minimum of 10 years for full forgiveness. Work with your counselor and lender to coordinate all program applications.

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